Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Dedication by Rider Trust
Purpose: To obtain approval from the Department of Community Affairs to establish a Dedication by Rider Trust for Snow Removal and to appropriate and expend the revenue for the purpose to which said revenue is dedicated.
Additional Information:
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WHEREAS, permission is required of the Director of the Department of Community Affairs, Division of Local Government Services, for approval to establish a Dedication by Rider for revenues received by a municipality when the revenue is not subject to reasonable accurate estimates in advance; and
WHEREAS, P.L. 2001, c. 138 permits municipalities to lapse unexpended balances budgeted annually for snow removal; and
WHEREAS, N.J.S.A. 40A: 4-39 provides that the Director of the Division of Local Government Services may approve expenditures of monies by Dedication by Rider Trust.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Governing Body hereby requests permission of the Director of the Division of Local Government Services to pay expenditures for Snow Removal created in accordance with the provisions of P.L. 2001, c.138 as per N.J.S.A. 40A: 4-39.
2. The City Clerk of the City of Newark, New Jersey is hereby directed to forward two (2) certified copies of this resolution to the Director of the Division of Local Government Services.
STATEMENT
This resolution requests the approval of the Director of Local Government Services to establish a Dedication by Rider Trust for Snow Removal and to appropriate and expend the revenue for the purpose to which said revenue is dedicated.